Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so other than in the ordinary course of its business.
Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries that are Designated Loan Parties to do so other than, provided no Event of Default has occurred and is continuing, in the ordinary course of its business; provided, however, in no event shall any such discount, allowance or credit exceed 2% of the amount of such Account Receivable and no such extension of the time for payment extend beyond 30 days from the original due date thereof.
Compromise of Accounts Receivable. Compromise or adjust any material amount of the Accounts Receivable (or extend the time of payment with respect to any material amount of the Accounts Receivable), or accept any material returns of Inventory or grant any material discounts, allowances or credits or permit any of its Subsidiaries that are Loan Parties to do so other than as may be approved by the Administrative Agent in its sole discretion or (x) in the ordinary course of its business or (y) any such action outside the ordinary course of business made in the commercially reasonable business judgment of any Borrower exercised in good faith provided that (1) no such non-ordinary course of business action may involve any amount exceeding $5,000,000 in any one case and (2) in the event any one or more action(s) occurring during any period between delivery of Borrowing Base Certificates that involves an amount of $500,000 individually or in the aggregate in respect of Eligible Accounts Receivable that were included in the most recently delivered Borrower Base Certificate, Borrowers will deliver an updated Borrowing Base Certificate to Administrative Agent within five (5) Business Days.
Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so, other than, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of business of the Parent or its Subsidiaries, as the case may be in a manner and to an extent consistent with past practice; provided, however, (i) in no event shall the aggregate amount of any such discounts, allowances or credits exceed three percent (3%) of year to date sales calculated as of the date of such discount, allowance or credit, and (ii) the applicable Borrower shall have provided written notice to the Agent before granting any compromise, discount, allowance or credit of more than $100,000.
Compromise of Accounts Receivable. Borrower shall not collect, compromise or accept any sum in full payment or satisfaction of any of the Accounts Receivable for materially less than the amount due without the express written consent of the Lenders, except in the ordinary course of business.
Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or extensions or permit any of its Subsidiaries to do so other than, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business consistent with past practice as previously disclosed to the Agents prior to the Effective Date; provided, however, in no event shall any such discount, allowance or credit exceed $75,000 on any one contract (or $100,000 in the aggregate during any monthly period) and no such extension of the time for payment extend beyond 30 days from the original due date thereof.
Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so, other than, provided no Event of Default has occurred and is continuing, in the ordinary course of business of the Parent or its Subsidiaries, as the case may be; PROVIDED, HOWEVER, in no event shall any such discount, allowance or credit exceed $500,000 in the aggregate for any 12 month period and no such extension of the time for payment shall extend beyond 30 days from the original due date.
Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Subsidiaries to do so other than, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of its business other than in connection with the Amegy Factoring Agreements (but only for so long as such agreements remain Permitted Indebtedness hereunder) and only to the extent necessary to terminate such agreement as required pursuant to Section 6.22; provided, however, in no event shall any such discount, allowance or credit exceed $35,000 in the aggregate and no such extension of the time for payment extend beyond 90 days from the original due date thereof.
Compromise of Accounts Receivable. The Borrower shall not compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of its Consolidated Subsidiaries to do so other than, provided no Potential Default or Event of Default has occurred and is continuing, in the ordinary course of its business.
Compromise of Accounts Receivable. Compromise or adjust any Account Receivable (or extend the time of payment thereof) or grant any discounts, allowances or credits or permit any of their Subsidiaries to do so other than, provided no Default or Event of Default has occurred and is continuing, in the ordinary course of business of the Loan Parties or their Subsidiaries, as the case may be; provided, however, in no event shall any such discount, allowance or credit exceed $100,000 in the aggregate and no such extension of the time for payment extend beyond 60 days from the original due date.
